🔥$INIT /USDC — Parabolic Pump… Now the Real Test Begins
$INIT just delivered a violent breakout from the 0.07 base to 0.16, and moves like this don’t happen by accident. Big volume stepped in, momentum exploded, and now the market is deciding whether this was the start of a trend… or just a liquidity spike.
Right now price is pulling back toward 0.11–0.12 support, which is the key zone. If buyers defend this level, INIT could build a higher base and attempt another run toward 0.14 → 0.16 → 0.18. Strong coins often retest after the first pump before continuing higher.
But if price loses 0.11, the hype cools fast and we could see a deeper retrace toward 0.095 or even 0.08, where the breakout originally started.
📈 Bullish Setup
Entry: Hold above 0.115 support
Target: 0.145 / 0.165 / 0.18
Stop: Below 0.108
📉 Bearish Setup
Entry: Breakdown under 0.11
Target: 0.095 / 0.080
Stop: Above 0.125
This is the phase where smart money decides…
trend continuation or pump exhaustion.
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